\textit{Panel A: Labor supply }
&
\multicolumn{2}{c}{
Linear
U.
}
&
\multicolumn{2}{c}{
Concave
U.}
&
\multicolumn{2}{c}{
Alt.
wage}
\\
                    &\multicolumn{1}{c}{Est.}&\multicolumn{1}{c}{S.E.}&\multicolumn{1}{c}{Est.}&\multicolumn{1}{c}{S.E.}&\multicolumn{1}{c}{Est.}&\multicolumn{1}{c}{S.E.}\\
    &&\\ \hline  
Wage coefficient, $\alpha$&       0.308&       0.057&       0.740&       0.125&       0.525&       0.800\\
\addlinespace
Outside option, b   &            &            &            &            &       0.641&       2.124\\
Observations & \multicolumn{2}{c}{ 4594} & \multicolumn{2}{c}{ 4593} & \multicolumn{2}{c}{ 4360}    \\&& \\ \hline     
\textit{Panel B:  Markdown}
&
\multicolumn{2}{c}{
Linear
U.
}
&
\multicolumn{2}{c}{
Concave
U.}
&
\multicolumn{2}{c}{
Alt.
wage}
\\
                    &\multicolumn{1}{c}{Average}&\multicolumn{1}{c}{Median}&\multicolumn{1}{c}{Average}&\multicolumn{1}{c}{Median}&\multicolumn{1}{c}{Average}&\multicolumn{1}{c}{Median}\\
    &&\\ \hline  
Non-coll. markdown $\underline{\mu^l}$&       2.617&       2.363&       2.447&       2.393&       2.015&       2.058\\
&&& \\  \hline  \\ &&      
